Days after the largest IPO in history, SpaceX agreed to acquire Anysphere -- the company behind AI coding tool Cursor -- in an all-stock deal valued around $60B, expected to close Q3 2026. Cursor generates roughly $2.6B in annualized revenue, and SpaceX is paying with freshly minted public equity rather than cash.
Jun 16, 2026SpaceX raised $85.7B across 639M shares in the largest IPO in history, tripling Saudi Aramco's 2019 record. Priced at $135, it opened at $161 and now trades at $178 -- a 32% gain on the offer price that minted billions in day-one paper gains for early employees and secondary-market buyers.
Jun 15, 2026Priced at $135, opened at $161, now at $178 -- a clean 32% return for IPO allocations in four trading days. Greenshoe exercised June 15, signaling massive institutional oversubscription.
Jun 12, 2026The MANGOS acronym (Meta, Anthropic, Nvidia, Google, OpenAI, SpaceX) replaces FAANG as Wall Street's power index, with a combined projected market cap of $10T+ once all members are public. Half that value was created in the last 18 months alone.
Jun 9, 2026